Comments on: How to Start a Business In Down Economy http://motiondnaonline.com/2009/12/how-to-start-a-business-in-down-economy.html Business in Motion Sat, 19 May 2012 04:36:38 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Mark http://motiondnaonline.com/2009/12/how-to-start-a-business-in-down-economy.html/comment-page-1#comment-696 Mark Thu, 07 Jan 2010 02:02:51 +0000 http://motiondnaonline.com/?p=809#comment-696 Nice short list. I would add two, related points: 1. One benefit of a down economy for startups is that there is a lot of great talent looking for work, as well as employed talent who would jump ship to work for the competition if they could satisfy them. 2. Being good to your initial, startup stage workforce can pay huge dividends when it comes to attracting both employees and low and mid levels, as well as a top-notch leadership team who can take the reigns if something happens to the founder/CEO. This point especially is what we see play out all the time among the small companies that win the annual small business competition that the nonprofit I work for does. Thanks for sharing these tips. Nice short list. I would add two, related points:

1. One benefit of a down economy for startups is that there is a lot of great talent looking for work, as well as employed talent who would jump ship to work for the competition if they could satisfy them.
2. Being good to your initial, startup stage workforce can pay huge dividends when it comes to attracting both employees and low and mid levels, as well as a top-notch leadership team who can take the reigns if something happens to the founder/CEO. This point especially is what we see play out all the time among the small companies that win the annual small business competition that the nonprofit I work for does.

Thanks for sharing these tips.

]]>